Italy’s 10-year government bonds advanced for a third week amid speculation the U.S. government shutdown this month slowed economic growth and will prompt the Federal Reserve to maintain its asset-buying stimulus program.
High school rugby coach Bob Markovich paid $3,812 for 250 shares of the Global X Copper Miners ETF in September. He got the idea from an investment club he advises for students, including his daughter Lydia.
Serbian central bank Vice Governor Bojan Markovic became the second National Bank of Serbia official to quit over a law that cuts the bank’s autonomy, risks European Union entry and threatens a $1.3 billion bailout.
Serbia’s central bank, which raised interest rates on Aug. 5 to help stem the long-term impact of rising in food prices, is closely monitoring the effect of the poor farming season on the economy , Deputy Governor Bojan Markovic said.
Serbia’s current-account deficit is sustainable and will have a “limited impact” on the dinar as companies import technology and machinery to produce exports, central bank Deputy Governor Bojan Markovic said.